1879 T$1 Trade, CAM PR(PCGS#87059)

1879 T$1 Trade, CAM PR (PCGS#87059)

The March 2012 Baltimore Auction

详细说明: 1879 Trade Dollar. Proof-67 Cameo (PCGS). CAC. Remarkably well preserved and beautiful in all regards, this is a virtually brilliant coin that readily reveals marked field to device contrast. The only toning present, in fact, is delicate and very pretty reverse rim toning in an iridescent champagne pink. Fully struck, satin to frosty devices appear to float atop deep pools of reflectivity in the fields, with all areas equally smooth and free of even trivial blemishes. From the first of the Proof-only dates with no attendant branch mint coinage; some 1,541 examples were struck in the Proof format for collectors and investors of the era. Among the four finest Cameo Proofs of the date seen thus far by PCGS. Numismatic Reflections by Q. David Bowers What a lovely coin this is! Ultra high certified grade by PCGS plus the CAC sticker add up to one of the finest anywhere. It may be a matter of interest that in late 1879 and early 1880 there was a speculative flurry in Proof trade dollars, and orders poured into the Mint. As a result, the mintages for these two years were significantly higher than before or after. The passion faded and it is likely that most speculators who did not have a numismatic inclination mishandled them or perhaps even turned them in for melting.